DeWese--Something to Say About M&A

Hiring, Not Firing
No! No! No! You've done gone to whinin' on me. I only know of a one plant being closed from among the 130 deals so far this year. For the most part, the buyer companies intend to expand the plants and hire more people as the companies grow.

The consolidator companies are generally publicly traded and have very deep pockets for new equipment, people and overall expansion. One of them, Consolidated Graphics, even has 95 young people in a management training program.